Advanced Attorney Trust/IOLTA and Business Account Recordkeeping
Date: Feb 26, 2026 9:00 a.m. – 12:00 p.m.
Location: Online
Member Price: $159.00
Non-Member Price: $199.00
Section Price: $0.00
Areas of Law: Ethics
Earn up to 3.3 credits, including 2.4 in Ethics! (More Information)
Keynote
Moderator
Presenters
- Alison Picione
- Chief of Investigations, New Jersey Office of Attorney Ethics
- Jason Saunders
- First Assistant Ethics Counsel, New Jersey Office of Attorney Ethics, Ewing Township
- Mary E. Waldman
- Executive Director, The IOLTA Fund of the Bar of New Jersey, New Brunswick
Even if you think you know the mechanics of proper attorney trust/IOLTA and business accounting, you will benefit from this three-hour course which includes an in-depth look at the requirements of the court rules and Rules of Professional Conduct associated with proper recordkeeping and safeguarding client trust funds. In addition, presenters will include a discussion of misappropriation, some facts about the types of funds which should and should not be placed into a trust account, as well as providing an opportunity for you to see specific samples of the required accounting records, including a closer look at the preparation of monthly three-way trust account reconciliations. You will also learn what the court rule requires in connection with specific recordkeeping issues, including handling unclaimed, unidentified and disputed funds, and other dilemmas which can arise while safeguarding client funds, as well as some insights on the rise in attorney trust account fraud.
This comprehensive course also provides an understanding of the Interest on Lawyer Trust Accounts (IOLTA) program, and participants will explore the history and basic concepts of IOLTA, the mandatory requirements for attorneys under rules such as New Jersey Court Rule 1:28A, and the critical role IOLTA funds play in supporting civil legal aid and access-to-justice initiatives. The curriculum covers practical aspects of compliance, including proper account setup, management for multi-jurisdictional firms, annual registration procedures, and the serious consequences of non-compliance, including attorney ineligibility.
The program will wrap up with an overview of what to expect if you are selected for a random compliance audit.
Join speakers from the Office of Attorney Ethics and the IOLTA Fund of New Jersey as they present a program that goes beyond the basics to discuss the handling of IOLTA accounts, proper preparation of trust and business account records, as well as an overview of the more common recordkeeping mistakes made by attorneys.
Important Information About Our Events, Meetings, and More:
To secure your spot and receive important updates about our events, meetings, and other gatherings, such as schedule changes, remember to register in advance.
Digital Materials & Environmental Commitment: As part of our commitment to environmental sustainability, unless otherwise noted, all seminar materials are provided as digital downloads. You can access these materials through:
- The “My Links” section at the top of our website for in-person or online events
- Or, for online programs, the event access link included in your joining instructions
Cancellation and Refund Policy:
If you need to cancel your registration and are not transferring to another program or date, please submit a written request to us at least three business days before the event, meeting, or gathering. You will receive a refund minus a $20.00 cancellation fee. No refunds or registration changes will be issued within three business days of the event, meeting, or gathering.
Professional Conduct:
All attendees and participants are expected to conduct themselves professionally and treat others with respect at NJSBA events, meetings, and gatherings. This includes courteous communication, respecting perspectives, and creating a welcoming environment for all. Failure to adhere to this policy may result in removal from the event.
Stay Informed:
Registered participants will be notified of any schedule changes. For updates regarding inclement weather, please check your email or visit NJSBA.com.
Media Consent:
By participating in our events, meetings, or other gatherings, you agree to be photographed and/or recorded. Additionally, all media content captured during these gatherings will become the property of NJSBA. This content, including your image and name, may be used in our future promotional materials without additional consent or compensation.
Scholarship & Financial Assistance Policy:
Read our Scholarship & Financial Assistance Policy and submit an Application here: https://njsba.com/njicle/cle-programs/scholarship/